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The Puerto Rico Oversight Board asked Judge Laura Taylor Swain to rule now and move quickly to disclosure and confirmation hearings.

"These are the types of products that financial advisors are asking to see from us," said First Eagle's John Miller.

"It is FINRA's position that, for multiple reasons discussed in its brief opposing Alpine's petition for writ of certiorari, the case did not meet the Supreme Court's standards for review," FINRA said.

As bond issuers and the infrastructure industry ponder a post-BIL future, some look to Europe for how P3s and privatization could help spur investment and raise grades on the infrastructure report card.

Primary bond market volume was up 3.6% year-over-year to $49.9 billion, according to LSEG data.

State governments would either have to spend more or fewer people would be covered, or a combination of the two, under the GOP's Medicaid and SNAP cuts.

The Indiana Financing Authority is the biggest entry on 2025's largest negotiated calendar with $1.5 billion of Indiana University Health system revenue bonds.

Chinese students comprise nearly half of international students attending University of California schools.

The $44 million of unrated bonds, placed only with qualified investors, feature 9.5% coupons.

The Senate returns to Washington with a ticking deadline clock to turn the House's One Big Beautiful Bill Act into law with questions remaining about the future of the SALT cap deduction and green energy tax credits.